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Small Hotel Financial Statements Form

Small Hotel Financial Statements Form

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Instructions and help about Small Hotel Financial Statements

so what is different about a hotel income statement or a p l or profit and loss statement it's your operating statement for your hotel and it is different than other industries um the one we're going to look at today is uh follows usali are the uniform uniform system of accounts for the lodging industry and you're gonna see it's different than other industries it might look a little complicated um when cpas are doing uh the end of year tax return for hotels or if they end up agreeing to do monthly but keeping for hotels often it just looks crazy to them um but it just follows its own special um format for the hotel industry and there's actually really good reasons for it and it's really beneficial for operating in the hotel and really maximizing your profit and understanding how all of the different departments are doing so let's just dive in and take a look at it this is the first page of the income statement it's actually going to look sort of similar to other industries because it's

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